Probability of obtaining an offer from company

Assignment Help Basic Statistics
Reference no: EM131361361

An person has applied for positions at company A,company B, and Company C. The probability of obtaining an offer from Company A is 0.4, from company B is 0.3, and from Company C is 0.6. Assume that the three job offers will be independent.

a) What is the probability that the person will receive job offers from all three companies?

b) What is the probability that the person will receive a job offer from Company B only?

c) What is the probability that the person will receive a job offer from at least one of the three companies?

d) What is the probability that the person will receive exactly one job offer from the three companies?

HINT: Construct a tree diagram

Reference no: EM131361361

Questions Cloud

Determine the specific segment of the market : Select one (1) specific analytical tool that you can use to determine whether or not the adaptive strategy or strategies selected for your organization will be the most effective in helping the organization achieve its goals. Propose the manner in..
Complete the journal entry made by frylock to account : Complete the journal entry made by Frylock to account for an asset purchase of Meat Wad on 12/31/17 by entering the required amounts into the gray shaded cells. When correct, the cells will change color:
Z-score of someone who produces : Suppose the top 15 percent of producers get bonuses and the average production rate is 200 units with a standard deviation of 20. What would be the z-score of someone who produces 240 units?
Estimate the number of quantum states accessible : Using powers of 10, estimate the number of quantum states accessible to an outer electron on an atom, by estimating the size of an atom and knowing that typical binding energies are a few eV. (That is, if the kinetic energy is greater than a few e..
Probability of obtaining an offer from company : An person has applied for positions at company A,company B, and Company C. The probability of obtaining an offer from Company A is 0.4, from company B is 0.3, and from Company C is 0.6. Assume that the three job offers will be independent.
What is the average amount of the collection float : On average, your firm receives 62 checks a day from customers. These checks, on average, are worth $39.90 each and clear the bank in 1.5 days. In addition, your firm disburses 38 checks a day with an average amount of $89.50. These checks clear your ..
Provide detailed information about company performance : There is much information presented in these reports. The primary objective of this assignment is for each team member to become familiar with the depth of information available to them to make marketing decisions, and to accomplish that without..
Find the expression corresponding to the density of states : Using this, find the expression corresponding to the density of states of equation that is correct at all speeds. (Equations only give the answer for kinetic energy, εkin = ε - mc2, in the high- and low-speed extremes.)
Should be communicated to the audit committee : During your review of the sales accounts at 120340 Ontario Inc., you enquired of management about sales to customer account 23-524. The account accumulates sales to a related company. Clearly identify and explain the matters that should be communicat..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd